Rosh Ha'ayin, Israel November 26th, 2001 - Partner Communications Company Ltd. (NASDAQ and TASE: PTNR, LSE: PCCD), the Global System for Mobile Communications, or GSM, mobile telephone network operator in Israel, today announced the appointment of Mr. Shmuel Mayo and Mr. Tal Raz to the Company's board of directors. Mr. Shmuel Mayo is replacing Mr. Moshe Gavish and Mr. Tal Raz is replacing Mr. Yigal Baruchi .
Mr. Shmuel Mayo serves as the General Manager of Dankner Investment Ltd. since May 2000. Previously he served as VP of Dankner Investment Ltd. From 1998 until May 2000. Mr. Mayo also served as General Manager of Yatzil Financing Ltd. Mr. Mayo is a certified public accountant.
Mr. Tal Raz was appointed acting president and CEO of Elbit in October 2001. Mr. Raz also continues to serve as Chief Financial Officer of Elbit, a position he has held since he joined Elbit in April 1997. Mr. Raz is a certified public accountant, and holds BA and MA degrees in accounting and business administration from Baruch College, New York.
Amikam Cohen, CEO of Partner, welcomed Mr. Mayo and Mr. Raz to the Board and commented that their extensive management experience, and profound knowledge of the sector and of the Israeli economy, are a great asset to Partner. He also thanked Mr. Baruchi and Mr. Gavish for their contribution to Partner in a period of rapid growth and operational and financial success.
About Partner Communications
Partner Communications Company Ltd. is the Global System for Mobile Communications, or GSM, mobile telephone network operator in Israel. The Company commenced full commercial operations in January 1999 under the international Orange Brand name and, through its network, provides quality of service and a range of features to 1.3 million subscribers in Israel. Partner subscribers can use roaming services in 83 countries using 214 GSM networks. The Company shares are quoted on NASDAQ and on the Tel Aviv Stock Exchange (TASE) under the symbol ptnr and on the London Stock Exchange (LSE) under the symbol pccd. (For further information: Contact:
Dr. Dan Eldar
V.P. Carrier, Investor and International Relations
Tel: +972-3-9054151
Fax: +972-3-9054161
E-mail: dan.eldar@orange.co.il
Source: Hutchison Whampoa Limited
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